First LBO In For-Profit Education August 21, 2008
Posted by admin in : For Profit Education , add a commentBy: Sramana Mitra
WSJ Reports that Providence Equity Partners and Goldman Sachs are about to purchase Education Management Corp. (Nasdaq: EDMC) for $3.4 billion.
Education Management runs 72 primary campuses across the U.S. and Canada, training its 72,000 enrolled students in fields such as fashion, psychology and Web-site design. It also runs a small but growing operation providing online instruction.
Market leader Apollo Group (Nasdaq: APOL) did 2005 revenue of $2.3 billion on a total enrollment of 315,000 students, while rival Career Education Corp. had revenue of $2 billion and 104,000 students. In the fiscal year ended June 30, 2005, Education Management had net income of $101.6 million, or $1.35 a share, on revenue of $1.02 billion, and ranks third in the for-profit education market.
Getting A PhD Degree In Distance Learning - Achieving Thr Mastery of Online Education August 14, 2008
Posted by admin in : PhD , 1 comment so far
One of the most innovative and exciting applications of internet technology is in the field of Distance Learning.
Here,instruction in any field and any topic takes place around the world. Time and travel are no longer any impediments. This article discusses factors involved in becoming a recognized authority in this field. What is “Distance Learning?” Distance Learning is a field of education that focuses on instructional systems design that delivers education to students who are not physically “on site” to receive their education. Instead, teachers and students communicate by exchanging printed or electronic media, or through technology that allows them to communicate synchronously in real time.
